Tag "3"

Tesla burns cash, loses more than $4,000 on every car sold

Chief Executive Elon Musk said he’s considering options to raise more capital, and didn’t rule out selling more stock. Musk has taken investors on a thrill ride since taking Tesla public in 2010. Now he’s given himself a deadline, promising that by the first quarter of 2016 Tesla will be making enough money to fund a jump from making one expensive, low volume car to mass producing multiple models, and expanding

Tesla burns cash, loses more than $4,000 on every car sold

Chief Executive Elon Musk said he’s considering options to raise more capital, and didn’t rule out selling more stock. Musk has taken investors on a thrill ride since taking Tesla public in 2010. Now he’s given himself a deadline, promising that by the first quarter of 2016 Tesla will be making enough money to fund a jump from making one expensive, low volume car to mass producing multiple models, and expanding

U.S. inflation temporarily 'very low,' says Fed's Fischer

U.S. inflation is only temporarily “very low” due in part to commodity prices, while the U.S. economy has nearly achieved full employment, Federal Reserve Vice Chairman Stanley Fischer said on Monday. “These are things which will stabilize at some point,” Fischer added, in comments that were careful not to tip his hand on when he thinks U.S. interest rates should rise.

U.S. inflation temporarily 'very low,' says Fed's Fischer

U.S. inflation is only temporarily “very low” due in part to commodity prices, while the U.S. economy has nearly achieved full employment, Federal Reserve Vice Chairman Stanley Fischer said on Monday. “These are things which will stabilize at some point,” Fischer added, in comments that were careful not to tip his hand on when he thinks U.S. interest rates should rise.